When choosing to buy at the bottom, we retail investors should pay attention to the following matters: First, technical analysis, including (1. Has it reached a major support level? 2. Has it broken the downward trend or reached the EMA20 moving average? 3. Has the current MACD reached the zero axis? There are many methods, including the Chaos Theory, naked K, moving average, and order flow. All can be used.) Second, if you really don’t know technical analysis, I’ll tell you a stupid way. Choose a sector leader that has been consolidating at the bottom for at least half a month after more than two rounds of declines, and then look at its unlocking situation. If it has no selling pressure and the narrative is in line with the current trend, then you can do it. Remember, if you encounter a currency that is about to be unlocked in large amounts or unlocked linearly and slowly in large amounts, it is best not to touch it. Don’t test human nature. This is the prisoner’s dilemma in the currency circle. Imagine a currency with a value of 1 billion, 100 million in circulation, and a listing price of 5u. The current market value is 500 million, and the total market value is 5 billion US dollars 💲. The remaining 900 million are locked, and then one day there is a cliff attempt to unlock it, or a linear unlocking. The market does not have so many lines to sell to them. They do not care about the cost, because their own cost is very low, and the cost of the project party is almost zero. Some projects go on Binance or other exchanges, and their purpose is to sell coins. There are very few projects that really do technology and have a pattern. This is why the newly launched coins have a wave of highs on the first day, and then fall again.